Roxxtter Club has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to a Federal Stock Bond. We’ve received over 4 complaints against Roxxtter Club.
The Roxxtter Club’s opaque website, which lacks ownership information, suggests clandestine operations. The subdomain “app.roxxtter.com” is still active, meaning that it will continue to function. The site’s link with Vera Peters of BusinessArt, which was registered in December 2022 and will be updated privately in December 2023, raises suspicions. Despite regional trade in Belgium, the United Kingdom, and South Africa, Roxxtter Club’s enigmatic nature necessitates investigation into its relationships and potential inspirations. The lack of regulation indicates a possible scam, leaving victims without redress. It is unregulated and lacks transparency, posing considerable dangers. Victims may find difficulties in recovering funds, highlighting the need for vigilance.
Get Your Money Back From These Scammers!
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The Roxxtter Club’s website lacks key ownership and executive information, leaving visitors with only a “coming soon” placeholder. A closer look finds that, despite the apparent lethargy of its main domain, the subdomain “app.roxxtter.com” is accessible to affiliates, indicating that the website is still functioning.
The domain, which was registered in December 2022 and updated privately on December 5th, 2023, suggests a clandestine character. While Vera Peters, involved with BusinessArt, appears to be linked to Roxxtter Club via their Business Academy connection, the true orchestrator remains unknown.
Peters, a seasoned management consultant and business coach with ties to Germany, adds an element of mystery. Notably, the regional distribution of Roxxtter Club’s online traffic as of November 2023 indicates a strong presence in Belgium, the United Kingdom, and South Africa. Unraveling the secrets of Roxxtter Club necessitates a closer look at its connections, operations, and potential forces influencing its direction.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Roxxtter Club is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Roxxtter Club, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Roxxtter Club distinguishes itself by not offering any retailable products or services. Instead, affiliates are completely focused on selling Roxxtter Club’s affiliate membership, and the quantity of digital marketing tools available is directly proportional to the affiliate’s fees.
The heart of Roxxtter Club’s problematic strategy is its incentive structure, which compensates affiliates for referring new affiliates who pay membership fees. The structure has seven affiliate ranks, each with its own qualification criteria:
Affiliate Level | Personal Volume (PV) | Recruiting Requirements | Group Volume (GV) |
---|---|---|---|
Affiliate (free) | – | – | – |
Rookie ($55) | – | – | – |
Rocketeer | $100 | 5 recruits (Rookie+) | $500 |
IronStar | $500 | 5 recruits (Rocketeer+) | $5,000 |
SilverStar | – | 5 recruits (IronStar+) | $50,000 |
GoldStar | $1,000 | 10 recruits (SilverStar+) | $1,000,000 |
RoxxStar | $5,000 | 100 recruits (GoldStar+) | $50,000,000 |
Recruitment Commissions:
Affiliates are rewarded to acquire new paid affiliates, with free affiliates receiving a 10% profit per recruit and paid affiliates earning a 50% commission on level 1 and 25% on level 2, based on the $55 price charged to Roxxtter Club members.
Roxxtter Club uses a unilevel compensation structure for residual earnings, with affiliates earning a share of the Pro to Premium membership costs paid by recruiters at various tiers. The commission rates differ depending on the affiliate’s level, resulting in a tiered structure that theoretically pays higher-ranked affiliates more lucratively.
Roxxtter Club has a variety of affiliate membership levels, from free to an unnamed “Elite” level that costs $2500 or more per year. The key distinction is access to the marketing platform and tools. Notably, free affiliates are not eligible for the MLM opportunity, and a yearly “maintenance fee” of $100 is levied after the first four months.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.
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It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Roxxtter Club tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Roxxtter Club reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Roxxtter Club, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Roxxtter Club enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Roxxtter Club reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Roxxtter Club.
You should always look out for consumer complaints. In the case of Roxxtter Club, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees and charges
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Roxxtter Club? You can share your complaint in the comment section or submit an anonymous tip.
Analyzing Roxxtter Club’s MLM structure reveals that it operates as a pyramid scheme, with affiliate fees contributing to recruitment commissions. The free affiliate membership appears to be tangential to the MLM opportunity. The reference of “external projects” and a dubious feeder structure raises questions about the general legality and integrity of Roxxtter Club’s economic strategy.
As with traditional MLM pyramid scams, the unsustainable nature of recruitment-driven income implies that the majority of participants would eventually lose money.
Roxxtter Club is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Roxxtter Club can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Roxxtter Club?
All the evidence suggests that Roxxtter Club is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.